Birdwatch Note Rating
2024-02-07 13:32:13 UTC - NOT_HELPFUL
Rated by Participant: 48E3AED178CF2C542BB8D3FF194B9B7DDB326B4215A29E5D9F696313A06A633B
Participant Details
Original Note:
Misleading- Shrinkflation is a type of inflation. Inflation is caused when the money supply grows too big relative to the size of the economy. The federal reserve controls the money supply. Therefore, inflation and shrinkflation are not the fault of big corporations. https://www.investopedia.com/terms/s/shrinkflation.asp https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Inflation#:~:text=If%20the%20money%20supply%20grows,power%20falls%20and%20prices%20rise. https://www.stlouisfed.org/-/media/project/frbstl/stlouisfed/files/pdfs/publications/pub_assets/pdf/re/2013/b/reader_exchange.pdf
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